Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.

 

Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.